Veeko International Posts Annual Net Loss

Veeko International Holdings Limited (HK:1173) has released an update.

Veeko International Holdings Limited reported its annual financial results for the year ended March 31, 2024, revealing a net loss of HK$40,043,000 compared to a profit of HK$5,027,000 the previous year. Despite an increase in revenue from HK$472,625,000 to HK$586,710,000, the company faced higher costs and financial expenses, resulting in a loss before tax of HK$38,411,000. The firm also reported other comprehensive income, primarily from property revaluation, leading to a total comprehensive income of HK$15,546,000 for the year.

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